Apple (AAPL) today is hitting $260 with a P/E of almost 22. AAPL’s PE was 11 in early January of this year. Apple is a great company, but price and value are separate issues. Costco’s PE is reaching $307 with a P/E multiple of 37! Costco usually has a high 20’s multiple. Costco is also a gre
Interesting article. I'm glad to hear influential people making these statements. Signs of excess in the financial markets have been growing for a long time now.
